How much did Norsepower raise?

Norsepower raised €4.53 Million in a Funding Round round on July 22, 2025.

Where is Norsepower based and how big is it?

Fundz records about 89 employees.

Who are the decision-makers at Norsepower?

Fundz holds 1 contact at Norsepower. Names and contact details are shown to Fundz members.

Norsepower secures €4.53M funding round to scale industrial operations, exclusively from Finnish investors.

PRIVATEJul 22, 2025

Amount Raised

€4.53 Million

Round Type

Funding Round

EnergyRenewable Energy

Description

Norsepower has completed a €4.53 million financing round exclusively with Finnish investors. This investment will support the scale-up of Norsepower Rotor Sails™ as demand for reliable decarbonisation solutions intensifies. The latest round brings Norsepower’s total funding to €70 million since its founding in 2012. A further €30 million raise is in preparation to bolster global growth strategy.

Quick answer

Norsepower raised €4.53 Million in a Funding Round round, dated July 22, 2025.

How much did Norsepower raise?: Norsepower raised €4.53 Million in a Funding Round round on July 22, 2025.
What does Norsepower do?: Norsepower is on a mission to reduce the environmental impact of the shipping industry.
Where is Norsepower based and how big is it?: Fundz records about 89 employees.
Who are the decision-makers at Norsepower?: Fundz holds 1 contact at Norsepower. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Norsepower that raised within 45 days of this round, from Fundz verified event records.

Euclid Power raised $20M (Series A) on September 4, 2025.
Rock Tech Lithium raised $363K (Seed) on September 4, 2025.
ACT-ion Battery Technologies raised $4M (Pre-Series A) on September 4, 2025.
Swift Current Energy raised $242M (Funding Round) on September 4, 2025.
Enfinity Global raised $368M (Funding Round) on September 4, 2025.
Janta Power raised $8.2M on September 3, 2025.

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Company Information

Company

Norsepower

About

Norsepower is on a mission to reduce the environmental impact of the shipping industry. As leaders and innovators in naval architecture and marine engineering, we are harnessing the potential of wind and bringing sails back to shipping, one vessel at a time. A Finnish company at heart with an international reach, our sails have navigated waters across the globe. Sustainability is at our core, and we’ve helped ships to save thousands of tons of global CO2 emissions to date. We put nature first and believe that our Norsepower Rotor Sail™, along with our AI-based technology, can help to decarbonize the maritime industry by providing reliable and efficient wind propulsion solutions.

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Norsepower raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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